Business | Thursday December 18, 2014
SpiceJet shares got a big boost last month when billionaire investor Rakesh Jhunjhunwala, who has been constantly accumulating shares in the carrier, bought 7.5 million shares (or 1.40 per cent stake) on November 28. SpiceJet surged 38 per cent in just two trading sessions, nearing a 52-week high, post Mr Jhunjhunwala's share purchase.
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